Skip to main content

Funding pledge boost for St Petersburg city centre bypass plans

St Petersburg’s city centre bypass is a vital step closer to being realised after the Russian city’s committee on economic policy and strategic planning said it will be submitting proposals for co-financing of the project to the Ministry of Transport. The bypass highway, earmarked to be built along the Obvodny Canal, is expected to cost US$1.53 billion (RUB 50 billion). An application for federal budget funds will likely be filed in 2014. The project, which stipulates construction of embankments, bridges,
November 11, 2013 Read time: 1 min
St Petersburg’s city centre bypass is a vital step closer to being realised after the Russian city’s committee on economic policy and strategic planning said it will be submitting proposals for co-financing of the project to the Ministry of Transport.

The bypass highway, earmarked to be built along the Obvodny Canal, is expected to cost US$1.53 billion (RUB 50 billion). An application for federal budget funds will likely be filed in 2014. The project, which stipulates construction of embankments, bridges, and a tunnel system, will not be implemented earlier than 2018.

Related Content

  • Growth expected for US construction market
    December 6, 2018
    A new report from the American Road & Transportation Builders Association (ARTBA) predicts growth for the US construction market in 2019. The US transportation infrastructure market is expected to grow 4.2% in 2019, according to ARTBA’s annual economic forecast.
  • LagoonHull still on the cards
    February 7, 2022
    A proposed major river development in Hull would include an immersed road tunnel to connect traffic arriving from Europe with the UK’s motorway network.
  • States source funding for US highway improvements
    June 19, 2020
    States in the US have sourced Federal funding for highway improvements.
  • New bridge to span Neva River in St Petersburg
    September 30, 2015
    A new bridge is planned for St Petersburg. The link will span the Neva River and will form part of the Western High-Speed Radius route. The project is expected to cost US$2.26 billion. The authorities in St Petersburg are currently looking for potential investors in the project as well as an engineering firm able to carry out the detailed planning work necessary.